FAC Explorer

Audit 388554

FY End
2024-12-31
Total Expended
$1.58M
Findings
1
Programs
1
Organization: Brandon Free Public Library (VT)
Year: 2024 Accepted: 2026-02-23
Auditor: WISEHART WIMETTE & ASSOCIATES PLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1174953 2024-001 Material Weakness Yes L

Programs

ALN Program Spent Major Findings
21.029 CORONAVIRUS CAPITAL PROJECTS FUND $1.58M Yes 1

Contacts

Name Title Type
ZWHMG4L52849 David Roberts Auditee
8022478230 Todd Wimette Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of Federal awards includes the Federal award activity of Brandon Free Public Library (the "Organization") under programs of the Federal Government for the year ended December 31, 2024 in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Organization.
(1) Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and/or OMB Circular A-122, Cost Principles for Non-profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement. (2) The Organization has elected not to use the 10 percent de minimus indirect cost rate as allowed under Uniform Guidance.

Finding Details

Finding 2024-001
Criteria: In accordance with 2 CFR section 200.512(a), the Single Audit reporting package and data collection form is required to be submitted to the Federal Audit Clearinghouse the earlier of 30 calendar days after the reports are received from the auditor or nine months after the end of the audit period. Condition: The Single Audit reporting package for the year ending December 31, 2024 was submitted in February 2026. Cause: The delay resulted from a misunderstanding regarding the timing of Single Audit requirements. Management initially believed the audit should be performed in the fiscal year in which the funds were received (FY 2025). Upon further review, management determined that the Single Audit was required in the fiscal year in which the federal funds were expended (FY 2024), resulting in the reporting package being submitted after the required filing deadline. Effect: The Single Audit reporting package was filed beyond the filing requirement. Recomendation: We recommend that the Organization review its Federal expenditures at a point in time that allows for the Single Audit to be completed and submitted in accordance with the filing requirements. View of Responsible Officals: Management agrees with this recommendation and will develop procedures to monitor and ensure compliance with the required filing requirements.